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Old 07-09-2024, 08:52 AM
  #16  
Brainofjjj
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Originally Posted by ldamelio
ADM on those allocations? I'd be tempted if I can get that locally with no ADM on the GT car.

I recognize that the Taycan depreciation is a form of ADM but I'd be willing to take that hit.
No ADM....the ADM is the Taycan you'd be buying. If i wanted a Gt3 i'd have done it but i already have a forever PTS Touring.
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Old 07-09-2024, 04:23 PM
  #17  
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There are gonna be some crazy great deals on all the leftover 23-24 inventory. Inventory glut of gen 1 cars
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Old 07-09-2024, 05:33 PM
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DerekS
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Too expensive, drops value too quickly, and repair costs for minor common wear are out of control.
Old 07-09-2024, 07:42 PM
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I like to spend money, but even so, a 130K RWD or 160K 4S just seems over the top.
Don't like the turbo styling, so I guess Porsche has prevented me from spending even more.

Last edited by d00d; 07-09-2024 at 07:43 PM.
Old 07-09-2024, 10:12 PM
  #20  
john981
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Originally Posted by DerekS
Too expensive, drops value too quickly, and repair costs for minor common wear are out of control.
Couldn't agree more. Even if I had crazy money, I would never buy a Taycan, doesn't matter if used or new. It is the biggest money burner on the market. The only way Taycan makes sense is leasing. There have been some crazy lease deals on used Taycans.
Old 07-10-2024, 03:02 PM
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Dr. G7
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Originally Posted by john981
...The only way Taycan makes sense is leasing. .
How so? Isn't leasing the same as renting an apartment...one never builds equity. I think I answered my own question, Taycan purchase is building negative equity.
Old 07-10-2024, 05:55 PM
  #22  
Larson E. Rapp
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Yeah, I've known a few extremely wealthy people well above my pay grade. They fall into three categories:

1) "I have a lot of money but I didn't get by wasting it on stupid $#!+ like cars that depreciate $100K as soon as I drive them off the lot"

2) "I have a lot of money and want more, which is why I drive a '04 Camry"

3) "I have a lot of money and I DGAF about cars"

3a) "I have a lot of money because I DGAF about cars"

By jumping in front of the upmarket EV-only bulldozer, Porsche is kicking all of these folks out of their market.
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Old 07-10-2024, 06:04 PM
  #23  
Brainofjjj
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Originally Posted by Dr. G7
How so? Isn't leasing the same as renting an apartment...one never builds equity. I think I answered my own question, Taycan purchase is building negative equity.
Yes it's exactly like renting an apartment but whether you lease or buy the money is the same since the Taycan depreciates so badly. I'd much rather lease though and know what I'm spending to "rent" vs. buy and have no idea where the bottom is. YMMV
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Old 07-10-2024, 06:34 PM
  #24  
john981
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Originally Posted by Dr. G7
How so? Isn't leasing the same as renting an apartment...one never builds equity. I think I answered my own question, Taycan purchase is building negative equity.
There are only very few cars on the market where you can build equity and those cars usually cost lot more than a Taycan costs. Almost all cars on the market loose their value over time one way or the other. Pandemic was an exception where people built equity with their cars but that was one time thing. Someone else just said it. When you lease a car, the risk of depreciation is with the lease company. Therefore I said "attractive lease programs". There were some lease offers for CPO Taycans for 12 month where you could lease a used Taycan for 6 or 700 bucks per month. After the 12 month you turn the car in and move on. You know beforehand how much you are going to spend to drive the car for certain period. When you buy cars like Taycan, the risk is 100% with you. I don't want to know how much people have lost who bought Taycans of 1st generation and payed 10-50k over sticker.
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Old 07-10-2024, 07:12 PM
  #25  
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Yes, a great but overpriced vehicle in a market that is wavering. EV demand is down across the board. With decreased Taycan production, do you think Porsche is a little nervous about the Macan direction? They may be a little premature for there #1 volume car.
Old 07-10-2024, 08:57 PM
  #26  
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For me, I don't think I would have purchased by 2024 Taycan GTS ST in 2023 had I known about the 2025 change in range. I get about 230 miles with a full tank in normal mode. They're talking more than 300 miles with the new model. Why would anyone buy a 2024 when the next years model will increase range by that much? The result, a 51% drop in sales:

https://www.carscoops.com/2024/07/gl...iveries-halve/

What Porsche should have done is advised potential customers that that the software updates being implemented in the 2025 year will be made available to 2024 and, to the extent possible, to earlier models so that there is a motivating reason to buy a 2024 model. Instead, there is no reason to buy in 2024. I understand the hardware that provided increases in range likely cannot be a retrofit but, at least the software changes would at least help bring the range or charging speed up to current standards.

And, don't get me started about the $5k insurance has hit me for 13 to 15k of mileage. The Taycan market will really be limited to those with the means to purchase with the bulk of sales being Macan EV models going forward. If my Taycan wasn't so damn good and, if I wasn't enjoying not paying gas and, having very little in the way of an electric bill because of 26 solar panels on my roof, I'd consider unloading it. But, it is damn good and, I'll have it for the indefinite future as a daily driver. May even ship it overseas in retirement. But yeah, if you're looking at a Taycan in 2024, why the heck would you get one when you can wait and get so many more miles in range by doing so.

Dan (thinks an over-the-air upgrade of software announcement for mileage improvements of older Taycans should have happened at the same time 2025s were announced)
Old 07-11-2024, 12:14 AM
  #27  
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A bunch of different head winds converging. Comps are cheaper, the model turnover and significantly better 2025 range, broader market challenges with EVs … I’m not sure I’d describe the EV market as waning so much as getting more competitive and saturating the pool of early-ish adopters.
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Old 07-11-2024, 12:26 AM
  #28  
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I said it before in other words and say it again in simple words: currently (it can of course change) buying any type of Taycan is financial suicide. If you have money to burn and want to enjoy this great car, go for it. Otherwise stay away.
Old 07-11-2024, 11:00 AM
  #29  
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Originally Posted by ldamelio
I'm an ICE 718 guy. No problem with EVs for utilitarian transportation but the Taycan has shown that enthusiasts, the Porsche $ premium and EVs don't mix. I predict a modest flop for the Macan EV (overpriced relative to competition) and a huge one for the 718 EV (a fast soulless golf cart). I'd be surprised to see them sell more than a handful of the latter.
What are you on about? The Taycan is one of the best selling EVS on the market. And at a premium price point.

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Old 07-11-2024, 11:30 AM
  #30  
ipse dixit
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Originally Posted by Spyerx
What are you on about? The Taycan is one of the best selling EVS on the market. And at a premium price point.
Not for calendar year 2023
https://insideevs.com/news/704178/20...g-evs-us-2023/

And not even in the first half of 2024


SOURCE: https://electrek.co/2024/04/15/rivia...op-selling-ev/
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